About Banner (NASDAQ:BANR)

Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2017, the company operated 178 branch offices, including 175 Banner Bank branches and 3 Islanders Bank branches located in Washington, Oregon, California, and Idaho. It also operates 13 Banner Bank loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

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Profitability

Miscellaneous

Banner (NASDAQ:BANR) Frequently Asked Questions

What is Banner's stock symbol?

Banner trades on the NASDAQ under the ticker symbol "BANR."

How often does Banner pay dividends? What is the dividend yield for Banner?

Banner announced a quarterly dividend on Thursday, March 29th. Stockholders of record on Tuesday, April 10th will be paid a dividend of $0.35 per share on Thursday, April 19th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Monday, April 9th. This is a positive change from Banner's previous quarterly dividend of $0.25. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner declared that its Board of Directors has approved a stock repurchase program on Thursday, March 29th 2018, which allows the company to repurchase 1,620,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) announced its quarterly earnings data on Monday, April, 23rd. The financial services provider reported $0.81 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.08. The financial services provider earned $118.74 million during the quarter, compared to analyst estimates of $118.23 million. Banner had a return on equity of 8.00% and a net margin of 12.85%. View Banner's Earnings History.

When is Banner's next earnings date?

What price target have analysts set for BANR?

5 analysts have issued twelve-month price targets for Banner's shares. Their forecasts range from $58.00 to $60.00. On average, they anticipate Banner's stock price to reach $58.6667 in the next twelve months. View Analyst Ratings for Banner.

Has Banner been receiving favorable news coverage?

Media coverage about BANR stock has trended somewhat positive on Thursday, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banner earned a coverage optimism score of 0.15 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 47.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

How do I buy shares of Banner?

Shares of BANR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Banner's stock price today?

One share of BANR stock can currently be purchased for approximately $59.59.

How big of a company is Banner?

Banner has a market capitalization of $1.93 billion and generates $505.82 million in revenue each year. The financial services provider earns $60.77 million in net income (profit) each year or $2.99 on an earnings per share basis. Banner employs 2,128 workers across the globe.

MarketBeat Community Rating for Banner (BANR)

MarketBeat's community ratings are surveys of what our community members think about Banner and other stocks. Vote "Outperform" if you believe BANR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BANR will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Banner (NASDAQ:BANR) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

5 Wall Street analysts have issued ratings and price targets for Banner in the last 12 months. Their average twelve-month price target is $58.6667, suggesting that the stock has a possible downside of 1.65%. The high price target for BANR is $60.00 and the low price target for BANR is $58.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."

Dividends

Banner (NASDAQ:BANR) Dividend Information

Banner pays an annual dividend of $1.40 per share, with a dividend yield of 2.35%. BANR's most recent quarterly dividend payment was Thursday, April 19. Banner pays out 46.82% of its earnings out as a dividend.